Net income Depreciation expense $207,000 44,160 Book Selling value price $278,000 $223,560 Sale of land Accounts receivable Supplies Prepaid rent Beginning Ending $33,120 $49,680 11,040 8,280 12,420 6,900 Accounts payable Salaries payable Income tax payable Beginning Ending $23,460 $ 17,940 24,840 15,180 27,600 35,880 Required: 1. Use your spreadsheet to recalculate the Operating Activities section of the Statement of Cash Flows: (Amount to be deducted should be indicated by a minus sign.) Operating Activities: Not Income Depreciation expense Not operating cash flows $ 0